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Abraham Michelson
About | Practice Areas
The Michelson Law Office
203 North Lasalle Street Suite 2100 Chicago, IL 60601Â» view map
Bankruptcy, Chapter 7, Chapter 13
Chicago Bankruptcy Lawyer

When your finances are at stake, choose the best. Don't sink deeper in debt. Contact The Michelson Law Office

800-824-6431
1. Abraham Michelson Chicago, IL
  Attorney at Law - Illinois, 2013
  Thomas Cooley, JD, 2004
2. AboutAbraham Michelson
  Our legal team can advise you on your options for negotiating a solution.
3. Practice AreasServices
  Find out how an experienced attorney can help end calls and prevent lawsuits.
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Todd William Morrow

Real Estate, Trusts, Divorce, Criminal

Status: In Good Standing Licensed: 25 Years

CONTACT

260 Main Street, Corinth, NY 12822

Meg Gilmartin

Divorce & Family Law, Estate, Lawsuit & Dispute, Real Estate

Status: In Good Standing

CONTACT

29 Spa Drive, Saratoga Springs, NY 12866

James S. Daly

Divorce & Family Law, Estate, Real Estate, Criminal

Status: In Good Standing Licensed: 40 Years

CONTACT

26 F Congress St., Saratoga Springs, NY 12866

Peter L. Coseo

Estate Planning, Estate, Workers' Compensation, Personal Injury

Status: In Good Standing Licensed: 47 Years

CONTACT

Saratoga Springs, NY 12866

John D. Leggett

Family Law, Wills & Probate, Business

Status: In Good Standing

CONTACT

175 Church Street, Saratoga Springs, NY 12866

Walter Murdock Stroup

Litigation, Commercial Real Estate, Estate Planning, Federal Trial Practice

Status: Inactive Licensed: 66 Years

CONTACT

494 Broadway, Saratoga Springs, NY 12866

John L. McMahon

Litigation, Estate Planning, Family Law, Criminal

Status: In Good Standing Licensed: 69 Years

CONTACT

Saratoga Springs, NY 12866

800-923-0641

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LEGAL TERMS

INTER VIVOS TRUST

The Latin name, favored by some lawyers, for a living trust. 'Inter vivos' is Latin for 'between the living.'

HEIR AT LAW

A person entitled to inherit property under intestate succession laws.

TRUSTEE POWERS

The provisions in a trust document defining what the trustee may and may not do.

CHARITABLE TRUST

Any trust designed to make a substantial gift to a charity and also achieve income and estate tax savings for the person who creates the trust (the grantor).

POWER OF APPOINTMENT

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust o... (more...)

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust only according to the terms of the trust, but a trustee with a power of appointment can choose the beneficiaries, sometimes from a list of candidates specified by the grantor. For example, Karin creates a trust with power of appointment to benefit either the local art museum, symphony, library or park, depending on the trustee's assessment of need.

DEED OF TRUST

See trust deed.

SUCCESSION

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which d... (more...)

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which determine who inherits property when someone dies without a valid will. When used in connection with real estate, the word refers to the passing of property by will or inheritance, as opposed to gift, grant, or purchase.

FINAL BENEFICIARY

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jan... (more...)

The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jane receives income for the duration of her life. Their daughter, the final beneficiary, receives the trust principal after Jane's death.

GENERATION-SKIPPING TRUST

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income fro... (more...)

A trust designed to save on estate tax. The trust principal is preserved for the trust maker's grandchildren, with his or her children receiving only income from the trust. Because the children (the middle generation) never legally own the property, it isn't subject to estate tax at their death. See generation-skipping transfer tax.

SAMPLE LEGAL CASES

Step-Murphy, LLC v. B&B Brothers Real Estate Corp.

In 1986 Markatos Realtors, Inc. (hereinafter Markatos), Rutger's immediate predecessor in interest, along with Brookside Park Properties, Inc., the defendant's predecessor in interest, executed a written indenture providing, among other things, for mutual easements designating 12 ...

Colasacco v. Robert E. Lawrence Real Estate

In October 2002 the defendant Christopher DiCorato, a real estate agent employed by the defendant Robert E. Lawrence Real Estate (hereinafter Lawrence, and hereinafter together the defendants), met with the plaintiffs and showed them a parcel of vacant property that was ...

Kerusa Co. LLC v. W10Z/515 Real Estate Ltd. Partnership

In any event, plaintiff fails, as a matter of law, to demonstrate any injury for which it is entitled to hold defendant sponsors liable. Although the purchase agreement obligated defendant sponsors to provide plaintiff with a building and unit constructed "in a good and workman-like ...

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Porter Corners Estate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Todd William Morrow

Meg Gilmartin

James S. Daly

Peter L. Coseo

John D. Leggett

Walter Murdock Stroup

John L. McMahon

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LEGAL TERMS

INTER VIVOS TRUST

HEIR AT LAW

TRUSTEE POWERS

CHARITABLE TRUST

POWER OF APPOINTMENT

DEED OF TRUST

SUCCESSION

FINAL BENEFICIARY

GENERATION-SKIPPING TRUST

SAMPLE LEGAL CASES

Step-Murphy, LLC v. B&B Brothers Real Estate Corp.

Colasacco v. Robert E. Lawrence Real Estate

Kerusa Co. LLC v. W10Z/515 Real Estate Ltd. Partnership

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